Plus500 Set to Launch Social Trading Platform, +Insights

Fazzaco learned that the global leader in online CFD trading Plus500 is about to roll out its social trading platform, +Insights, which is developed in house, in early November.

Reportedly, +Insights will not deliver "traditional" copy or social trading, but will leverage community driven data to enable users to analyze millions of Plus500 traders' activity in real time, instead.

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This new social trading offering is only available for Plus500 traders, and allow users to learn about the popular instruments on the platform.

This month, Fazzaco reported that Plus500 has established a four-year partnership​ with the National Basketball Association's (NBA) Chicago. Besides, the brokerage firm released that its revenue for Q3 2022 stood at $194.5m, falling 8% from $211.4m in last same period.